Less demand these days, In 2015 when it launched there was lot more drive to move to the cloud, lift and shift was the industry mantra. By 2024 the kind of orgs with >100 PB have already moved to cloud or have no plans to do so.
The current solution is we can bring our own devices and reserve ports on a AWS Data Transfer Terminal. It costs $300-500/hour USD for a 100 GbE bandwidth so not really cheap.
While AWS is stopping doing devices for migration (not economical at low volumes these days). They however still support physical transfers so customers can pack their own planes so to speak with hard disks to the AWS terminal.